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Biz & Tech

Energy

Sun, January 19, 2020 | 06:04

Celltrion says talks underway for potential merger

Celltrion says talks underway for potential merger

Celltrion said Friday it was reviewing the possibility of a potential merger between group affiliates after Chairman Seo Jung-jin floated the idea in a healthcare forum in the United States, a day before.

Kim Yoo-chul | 2020-01-17 16:52

For a strong start in 2020

For a strong start in 2020

S-Oil CEO Hussain Al-Qahtani, right, gives an employee a high five during the company's hiking event to commemorate the New Year on Mount Cheonggye in southern Seoul, Saturday. During the event, Al-Qahtani said the refiner plans to expand desulfurization facilities and ongoing petrochemical projects this year to comply with strengthening international regulations on sulfur co...

Nam Hyun-woo | 2020-01-12 16:50

Qatargas launches 'Warm Their Hearts' campaign supporting orphans in Korea

Qatargas launches 'Warm Their Hearts' campaign supporting orphans in Korea

Qatargas Operating Company Limited (Qatargas) launched a new Corporate Social Responsibility (CSR) initiative in Korea, entitled "Warm Their Hearts," in line with the Company's commitment to make a difference in the communities it has energy relations with.

2020-01-10 10:06

Korean firms brace for potential fallout from Mideast tensions

South Korean refiners and petrochemical companies are bracing for potential fallout from the U.S. killing of a top Iranian general, which has already sent global oil prices higher, industry sources said Monday.

2020-01-06 16:46

South Korea in dilemma over Hormuz deployment

Rising oil prices from US-Iran conflict pose risk to Korea

Rising oil prices from US-Iran conflict pose risk to Korea

International oil prices are likely to continue on an upward spiral in the wake of the U.S.-Iran conflict triggered by Friday's drone assassination of the head of Iran's elite Quds Force Qasem Soleimani, according to market experts, Sunday.

Kwak Yeon-soo | 2020-01-05 17:11

Will LG Chem spin off battery business this year?

Will LG Chem spin off battery business this year?

Anticipation is rising that LG Chem will spin off its rechargeable battery business as a separate body this summer, drawing hope that its newly separated firms will see benefits in their valuation, according to analysts, Friday.

Nam Hyun-woo | 2020-01-03 18:36

Electricity costs may rise next year

Electricity costs may rise next year

The South Korean state-run utility firm Korea Electric Power Corp. (KEPCO) is likely to raise electricity costs next year, as it grapples with poor earnings amid a new energy policy drive, industry sources said Tuesday. On Monday, the country's sole electricity provider said it will scale down discounts offered to local households, along with other benefits, gradually.

2019-12-31 15:31

Tetra Pak Korea helps community build sustainable future

Tetra Pak Korea helps community build sustainable future

Tetra Pak Korea recently visited two senior welfare centers in Sangam-dong, western Seoul, to donate soy milk products, the company said Monday.

Kwak Yeon-soo | 2019-12-30 17:00

Hanwha accelerates managerial succession

Hanwha accelerates managerial succession

Hanwha Group is accelerating managerial succession process from the second generation to the third as Kim Dong-kwan, the eldest son of Chairman Kim Seung-youn, will take charge of a future business planning division of Hanwha Corp., the de facto holding firm of Korea's seventh-largest conglomerate, the group said Friday.

Baek Byung-yeul | 2019-12-27 18:30

Gov't wastes 700 bil. won on Wolsong-1 reactor

Gov't wastes 700 bil. won on Wolsong-1 reactor

The government is facing growing criticism for wasting 700 billion won ($602 million) on the Wolsong-1 nuclear reactor before deciding to shut it down permanently, according to industry officials Wednesday.

Kwak Yeon-soo | 2019-12-25 17:07

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